A public Israeli real estate, construction and infrastructure company.

The company, through its different subsidiaries, has been involved in construction works in the occupied West Bank and East Jerusalem.

Its wholly owned subsidiary Solel Boneh Infrastructures was involved in construction work in the settlements of Modiin Illit, Ariel, Maaleh Adumim, Ramat Shlomo and Har Homa.

In 2003, Solel Boneh was involved in the construction of Road 90, one of Israel’s largest roads, which goes through the West Bank, including the Jordan Valley region. The subsidiary was also involved in establishing the Merom Golan settlement, the first settlement built in the occupied Syrian Golan in 1974.

Housing and Construction holds a 50% stake in Policity, the consortium that won the tender to construct the National Police Academy in Beit Shemesh. The remaining 50% is held by G4S international. Solel Boneh serves as the contractor in the project.

In addition, in 1990, it was involved in the construction of the medical center in Ramla prison.

In 2017, Solel Boneh was won an Israeli Ministry of Defense tender to build sections of a wall and an underground wall around the besieged Gaza Strip. The contract is valued at 220 million NIS. In 2018, it won another IMOD tender to re-build a military base (Emanuel Base) in the Naqab (Negev) region. The base is planned to be a high-tech “smart city” that serves 5,000 soldiers.

In the field of renewable energy, the company developed the Sde Boker and Hatzerim solar fields in the Naqab region, which generate 5 MW and 6 MW, and take up 75,000 sq meters and 90,000 sq meters respectively. The joint investments of Shikun & Binui and SunTech in the fields reached 20 million USD, making it one of the largest deals ever in the Israeli solar energy industry.

Ownership

The major shareholder of the company is Capital Foresight (47%). Other shareholders include Artemis (z) (8.64%) and Migdal (6.86%).